Tag: China Thermal Coal Production

  • China: Thermal coal production surges post-CNY, oversupply worsens

    China: Thermal coal production surges post-CNY, oversupply worsens

    Capacity utilisation rates at mines rise w-o-w Muted demand, slow sales prompt price drop Mysteel Global: China’s thermal coal production has rapidly rebounded after the Chinese New Year holiday (28 January-4 February), exacerbating the ongoing oversupply issue, as post-holiday demand recovery is proving elusive, leading to a significant drop in prices, according to Mysteel’s monitoring…